ETFS Long CNY Short USD (LSE:LCNY) - ETF price - Overview

ETF Report


Closing Price

1 Day Change

As of 24/05/2018

Last Close54.19
52-Wk Range49.25 - 54.64
Yield %0.00
Premium %0.54

Growth Of 10,000 (USD) 30/04/2018

  • Fund: ETFS Long CNY Short USD
  • Category: Other
  • Benchmark: Not Categorized
Trailing Returns % (USD) 24/05/2018
3 Years Annualised1.07
5 Years Annualised0.90
10 Years Annualised-
Key Stats
Morningstar® CategoryOther
NAV 24/05/2018USD 54.19
Day Change0.00%
12 Month Yield0.00%
Dividend Frequency-
Net Assets (mil)-
Total Expense Ratio0.59%
Initial Charge-
Exit Charge-
Manager NameNotDisclosed
Inception Date18/06/2010

Morningstar Rating™

Not Rated

Morningstar SRRI

Lower Risk
Higher Risk
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar


Fund Benchmark

MSFX Long Chinese Renminbi TR USD

Morningstar® Benchmark

Not Categorized

Investment Objective

ETFS Long CNY Short USD (LCNP) is designed to provide investors with exposure to Chinese Renminbi ("CNY") relative to US Dollars ("USD") by tracking the MSFX Long Chinese Renminbi Index (TR) (the "Index"), which aims to reflect the performance of a position in forward contracts which are rolled on a bi-monthly basis. LCNP is an exchange traded currency ("ETC"). Its securities can be created and redeemed on demand by authorised participants and traded on exchange just like shares in a company. The ETC allows investors access to CNY, which is restricted from being traded on the foreign exchange. In order to allow hedging and trading by foreign parties in respect of this currency, a market has developed in derivatives that allows parties to receive a US Dollar return on positions in CNY. These derivatives are called non-deliverable forward contracts (Non-Deliverable Forward Contracts or NDFs).

Portfolio Profile-

AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at 4 Exchange Quay, Salford Quays, Manchester M5 3EE. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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